Wipro ranked third fastest-growing global IT brand

Global IT consulting and business process services firm Wipro is now the world’s third fastest-growing global IT services brand, based on a study conducted by brand valuation firm Brand Finance. According to Brand Finance’s annual report for 2019, Wipro has a total brand value of US$4 billion, a 25% rise from a year earlier, making it one of the strongest brands in the category with an AA+ Brand rating. This year marks Wipro’s entry into the Top 10. Global IT consultancies Accenture and IBM remain at the top of the IT services sector, but have swapped 1st and 2nd places since last year, according to the report. Holding steady in 3rd place is India’s largest IT services conglomerate TCS, which is up 23% to US$12.8 billion. Holding the same positions as in last year’s rankings are Cognizant and India’s Infosys, which remain in 4th and 5th positions respectively.